About a 20% difference between the two. I believe a move up will meet the upper red resistance, or meet the channel resistance, and drop to the green box where bids are set. If Twitter does continue to fall bids in the green box seem well positioned.
Could use the 1hr candles or the 4hr candle. I think bitcoin gets rejected buy the upper blue zone one more time. then makes it way down towards the support line. I am using 5x leverage on this trade.
EOS has been on a run for the past 16+ hours, now looks like a good time to add a short position and look for some consolidation. It is currently entering a zone that it reacts violently to, at least in the past. Not much analysis has to be done, I am just using the cloud and a simple support and resistance line.
Looking for NEO to break above 4hr resistence and test the daily resistance. I would use a stop loss on this one because it is in the middle of the daily channel.
Litecoin has solid fundamentals and looks like a good long term play. The price is in the buy area on the weekly and if we can break out of the yellow line (1hr timeframe) we should be able to break resistance on the blue trend line (4hr). Looking to move some bitcoin into this trade and sit on it for awhile.
Monero is coming back to familiar levels and is hitting the support zone nicely. I Am looking for Monero to break above the support line and test the downward support. I also do not think Monero has ever really mooned either, If you look at the chart it could break ATH then use it as support to moon. Open to comments and suggestions.
Disclosure I own Monero
Hey everyone, I'm new to trading view and charting. I'm using this account to practice and make paper trades. Follow along to call me a moron, and hopefully watch me learn. I took a short out on Bitcoin Around $8,755. Was looking for confirmation on the smaller time frames and got it. Nothing to complicated right now just a bunch of lines and a few pivot points....
